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Roads and the Real Exchange Rate

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NBER2013-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w19291
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This paper studies the effect of transport infrastructure on the real exchange rate (RER) and reaches two relatively strong conclusions. First, while the list of robust determinants of the RER is not long, transport infrastructure belongs to that list. Many other potential determinants proposed in
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2013-08-01
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